Publications By Subject

Title: Macroeconomic Effects of Japan’s Demographics: Can Structural Reforms Reverse Them?

Author: Colacelli, Mariana ; Corugedo, Emilio Fernández

Series: Working Paper No. 2018/248

Date: November 28, 2018

Subject: Accommodative monetary policy Commodity markets Financial markets Labor Labor market reforms Macrostructural analysis Monetary policy Public debt Structural reforms

Title: Does Prolonged Monetary Policy Easing Increase Financial Vulnerability?

Author: Cecchetti, Stephen ; Mancini Griffoli, Tommaso ; Narita, Machiko

Series: Working Paper No. 2017/065

Date: March 24, 2017

Subject: Accommodative monetary policy Asset and liability management Asset management Banking Bond yields Financial institutions Financial sector policy and analysis Financial sector risk Financial services Investment banking Monetary policy

Title: Macroeconomic Management When Policy Space is Constrained: A Comprehensive, Consistent and Coordinated Approach to Economic Policy

Author: Gaspar, Vitor ; Obstfeld, Maurice ; Sahay, Ratna ; Laxton, Douglas ; Botman, Dennis ; Clinton, Kevin ; Duval, A Romain ; Ishi, Kotaro ; Jakab, Zoltan ; Jaramillo, Laura ; Lonkeng Ngouana, A Constant ; Mancini Griffoli, Tommaso ; Mongardini, Joannes ; Mursula, Susanna ; Nier, Erlend ; Ustyugova, Yulia ; Wang, Hou ; Wuensch, Oliver

Series: Staff Discussion Notes No. 2016/009

Date: September 28, 2016

Notes: Appendices

Subject: Accommodative monetary policy Financial statements Fiscal policy Fiscal stimulus Inflation Monetary policy Prices Public debt Public financial management (PFM)

Title: Bank Profitability and Risk-Taking

Author: Martynova, Natalya ; Ratnovski, Lev ; Vlahu, Razvan

Series: Working Paper No. 2015/249

Date: November 25, 2015

Subject: Accommodative monetary policy Bank soundness Banking Financial crises Financial institutions Financial sector policy and analysis Financial services Investment banking Monetary policy Stocks Tax incentives

Title: (Not) Dancing Together: Monetary Policy Stance and the Government Spending Multiplier

Author: Belinga, Vincent ; Lonkeng Ngouana, A Constant

Series: Working Paper No. 2015/114

Date: May 27, 2015

Subject: Accommodative monetary policy Expenditure Financial services Fiscal policy Monetary policy Real interest rates Zero lower bound

Title: Das Public Kapital: How Much Would Higher German Public Investment Help Germany and the Euro Area?

Author: Elekdag, A Selim ; Muir, V Dirk

Series: Working Paper No. 2014/227

Date: December 17, 2014

Subject: Accommodative monetary policy Expenditure Financial sector policy and analysis Fiscal policy Fiscal stimulus Foreign exchange Monetary policy Public investment spending Real effective exchange rates Spillovers

Title: The Benefits of International Policy Coordination Revisited

Author: Benes, Jaromir ; Kumhof, Michael ; Laxton, Douglas ; Muir, V Dirk ; Mursula, Susanna

Series: Working Paper No. 2013/262

Date: December 23, 2013

Subject: Accommodative monetary policy Capital adequacy requirements Financial sector policy and analysis Financial services Fiscal policy Fiscal stimulus Macroprudential policy Monetary policy Real interest rates

Title: Effects of Fiscal Stimulus in Structural Models

Author: Kumhof, Michael ; Muir, V Dirk ; Resende, Carlos de ; Veld, Jan in ‘t ; Lalonde, René ; Furceri, Davide ; Mourougane, Annabelle ; Roberts, John ; Snudden, Stephen ; Trabandt, Mathias ; Coenen, Günter ; Mursula, Susanna ; Erceg, J. Christopher ; Freedman, Charles ; Lindé, Jesper ; Roeger, Werner ; Laxton, Douglas

Series: Working Paper No. 2010/073

Date: March 1, 2010

Subject: Accommodative monetary policy Fiscal multipliers Fiscal stimulus Public investment spending Real interest rates

Title: Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits

Author: Laxton, Douglas ; Muir, V Dirk ; Kumhof, Michael ; Mursula, Susanna ; Freedman, Charles

Series: Working Paper No. 2009/255

Date: November 1, 2009

Subject: Accommodative monetary policy Consumption Fiscal policy Fiscal stimulus Real interest rates